Heard on the Street, The Wall Street Journal

heard_on_the_street_the_wall_street_journal

Eleven-figure legal settlements are scary for any company, even big banks. But for investors, there is also something to be said for certainty.

JP Morgan appears to be nearing a settlement with federal and state regulators over mortgage-backed bonds. The possible price could be a cool $11 billion or even more.

Investors may be seeing some light at the end of the firm's legal tunnel

JP Morgan

Bank of America

SJP poised to re-enter FTSE 100 after share price jump

Citi poaches BlackRock managing director for wealth CIO

Evelyn Partners professional services arm to rebrand after Apax sale

Kirkland & Ellis hires Clifford Chance London fund finance heavyweight

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US legal giant raids Magic Circle law firm in London

Monzo appoints Mombak’s Tom Oldham as group CFO 

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Monzo appoints Mombak’s Tom Oldham as group CFO

The fintech has also appointed Barclays’ Mark Newbery as its UK CFO

Fordham’s geopolitical advisory firm enlists political heavyweights, Citi FX specialist

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The advisory firm has turned to a former senior civil servant and Conservative MP to bolster its business amid heightened geopolitical tensions

The food-delivery group said it aims to reduce the administrative burden, complexity and costs associated with its London listing, as it joins a growing list of companies leaving the U.K. bourse.

Just Eat Takeaway to Delist From London Stock Exchange

Just Eat Takeaway.com to Delist From London Stock Exchange

Kevin Hassett has been named to lead the National Economic Council, while Jamieson Greer has been selected as the U.S. trade representative.

Internal company documents describe the bank’s weak anti-money-laundering controls and failure to complete due-diligence reviews as staff expressed alarm: “We need to kill this.”

How Morgan Stanley Courted Dodgy Customers to Build a Wealth-Management Empire

Brokerages seeking to meet the growing global appetite for U.S. stocks are extending their timetables.

Welcome to the World of 24-Hour Stock Trading

Donald Trump’s pick for Treasury secretary has been a fierce defender of his activist approach to trade.

Scott Bessent Sees a Coming ‘Global Economic Reordering.’ He Wants to Be Part of It.

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Just Eat Takeaway to Delist From London Stock Exchange

Trump Rounds Out His Economic Team

How Morgan Stanley Courted Dodgy Customers to Build a Wealth-Management Empire

Welcome to the World of 24-Hour Stock Trading

Scott Bessent Sees a Coming ‘Global Economic Reordering.’ He Wants to Be Part of It.